Today is the last day to grab the 6% dividend from Arun Kabeli Power Limited (AKPL).
The company has proposed a 5.71% bonus shares and 0.29% cash (for tax purposes) as a dividend for the fiscal year 2076/77. Books will be closed from Mangsir 12 to Mangsir 21. This book closure is also for the upcoming AGM of the company. Thus, investors who can buy the shares of AKPL today, i.e. Mangsir 11 are also entitled to the dividend and can attend the AGM.
The company has announced its 10th AGM on Mangsir 22, i.e. December 07. The AGM will commence at 11 am that day. Because of the Covid-19 pandemic, the AGM will be hosted online and investors will have to participate via Zoom.
As of writing, the LTP of the company stands at Rs. 273.